Public debt went up in Australia

In 2017 Australia public debt was 499,344 million euros564,109 million dollars, has increased 35,04350,174 million since
2016.

This amount means that the debt in 2017 reached 40.67% of Australia GDP, a 0.14 percentage point rise from 2016, when it was 40.53% of GDP.

If we check the tables we can see the evolution of Australia debt. It has risen since 2007 in global debt terms, when it was 66,999 million euros 91,821 million dollars and also in terms of GDP percentage, when it amounted to 9.69%.

According to the last data point published, Australia per capita debt in 2017 was 20,155 euros22,769 dollars per inhabitant. In 2016 it was 19,037 euros 21,072 dollars, afterwards rising by 1,118 euros1,697 dollars, and if we again check 2007 we can see that then the debt per person was 3,188 euros4,369 dollars .

The position of Australia, as compared with the rest of the world, has worsened in 2017 in terms of GDP percentage. Currently it is country number 70 in the list of debt to GDP and 162 in debt per capita, out of the 186 we publish.

In this page we show you the progression of the public debt in Australia. You can see debt in other countries in Public debt and see all the information about Australia in economy of Australia.